on 15 The budgeted STANDARD COSTS for one unit of er saved production of a company's major product line is ed out of shown below: Standard prime costs Standard Material inputs and costs per unit 10 Kilogram $ 25 00 per kilogram 25.00 ag question Standard labour inputs and cost per unit 0. 25 hour $ 45 00 per hour 11 25 Total standard product cost per unit 36.25 During the year, the company produced 50,000 units of this product and the costs and quantities actually incurred during the year are shown below: Total cost Direct material purchased 75,000 KHogam $ 25 7500 per kilogram 1781 250 Direct material used 51,000 Kilograms at cost/ke 52ops 1211 250 Direct labour costs 13,600 hours Sas 2150 per hour 507 925 Calculate the Direct Material Price Variance (DMPV) for this year